Introducing Variable Commission Rates for Vendors!
We are excited to annouce our new commission rate system!
This has been created to help vendors on our site throughout a larger price range of listings. It has been designed to help sellers who sell higher-priced services/products such as developers, consultants, high-value art, etc.
We hope that by introducing this system we help users keep profits compared to other sites where people may offer their services.
Stage 1 Rate: 12%
The first tier of commission rate is our base rate of 12%.
This stage is automatically applied to all listings under $500.
Stage 2 Rate: 10%
The next tier of commission rate is 10% for all orders between $500 and $1500 listings.
This is designed for smaller developer work or AI services.
Stage 3 Rate: 8%
The final rate of 8% is applied to all listings priced $1500+. This is for vendors who sale higher priced items or services.
Conclusion
We hope that having a variable commission rate allows users to be more comfortable with pricing items or services of higher value on our already low-commission AI marketplace! If there are any questions or concerns please contact us at info@ibuyprompts.com.
FAQ
- Do I need to do anything for the different commission rate to take effect?
- No, all commission rates will automatically update through the backend depending on the price set for your listing.
- Will more tiers be added in the future?
- We would love to add more tiers in the future depending on the needs of our vendors.
- How do I get started selling my AI prompts, products, or services?
- Simple! Just click here and create your vendor account today!
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